Homework Answers
Solution:-Option B is correct.
B.Form1041
Explaination:- Form1041 schedule k-1 would be used to report the income earned by an estate or trust.An estate or trust can generate income that must be reported on Form 1041, United States Income Tax Return for Estates and Trusts.At the end of the year, all income distributions made to beneficiaries must be reported on a Schedule K-1.Information about Schedule K-1 (Form 1041), Beneficiary's Share of Income, Deductions, Credits, etc. including recent updates, related forms and instructions on how to file. Use this schedule to report a beneficiary's share of the estate's or trust's income, credits, deductions, etc
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